Chief_Tardis

Chief_Tardis

Notes in chart but essentially took the opening opening of the year and saw the key levels where we are holding. The 50% level looks possible with us closing below 2000 today

Chief_Tardis

I had the 46% move prediction that completed today....it also coincides with a resistance zone oil needs to take a breather and then resume up if that is where we are headed. We will know how strong the resistance level builds if it comes down. More on this later.

Chief_Tardis

Watch out zones, patterns and key things to follow. Trade smart and be profitable.

Chief_Tardis

Lets see if we break out or go down a 4th time ! enjoy!

Chief_Tardis

The big indicator is gonna be the cross over as mentioned in the chart. Again these are not leading indicators, so getting in a trade would need to model this in a shorter time frames and look for divergence clues as we move closer.

Chief_Tardis

I think its important to think a little longterm on oil...cut the short term noise and see if these paterns build and then invest

Chief_Tardis

The blue arrow represent similar price action, the market did not find reason for pushing the price to the upper channel above the red line on Friday 2/26, if oil moves and provides a reason it could move into the upper channel. If not oil there has to be a catalyst but EOD Friday there was just a price justification. * reference to self

Chief_Tardis

See the top most point of oil and the SPY top and see the bottom where we have the SPY last low in 2009 and Oil in that range...I found it weird but going to track it.

Chief_Tardis

If we give up 195 again its going to get painful with more choppy trades... Super Tuesday, FOMC , Oil and DXY are key things to watch Euro is also key with Europe open and Draghi statements if any The March FOMC alternate is if Yellen says no rate rise there could be a huge buying spree with a better GDP and interest rate hike fear off of the table for the...

Chief_Tardis

In reference to the previous chart - you can see why a change needs to happen and where trades are going to move

Chief_Tardis

The chart represents where we are in terms of making a move, where you need to hedge and what you need to watch. We are stuck in a balance where one set of instruments have to go down and the other set goes up - parity can happen but it could be short lived. Watch out when you doing multiple instruments analysis.

Chief_Tardis

Not that trends cannot be broken but this line has been a kiss of death for 8 months...a jump and long above this would mean its a long for sure

Chief_Tardis

For my personal reference....

Chief_Tardis

Notes on chart

Chief_Tardis

U means we got some more retesting to do V means we go up if its not V or U - then we go down I think we are a at a point the market is going to make it or break it...below this its abyss above we have 2040 as potential target

Chief_Tardis

notes on chart - seems like we have hit a mega support line but the moving average band has to turn to confirm

Chief_Tardis

Wanted to see if we hold this...if it goes lower then the head has to go down....just interesting because it picked the head after I drew the pattern a day before. Again its just a possibility....

Chief_Tardis

FB, AMZN, NFLX, GOOGL, AAPL - GAP !!!!!